Published: Mon, September 10, 2018
Markets | By Noel Gibbs

Tesla's Shares Fall 7% Amid Executive Departures and Elon Musk's Smokey Interview

Tesla's Shares Fall 7% Amid Executive Departures and Elon Musk's Smokey Interview

Some investors were likely concerned with Musk's behavior during the Rogan podcast, which included some smoking and alcohol.

Morton, who joined the company just one month ago, said he was leaving because "the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations".

In an email to employees, CEO Elon Musk said Toledano was on leave to "spend more time with her family and has made a decision to continue doing so for personal reasons".

The comedian offered the 47-year-old billionaire a marijuana and tobacco cigarette, which are legal in the state of California.

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The couple, who have four adult children, 25 years of marriage break up for the third time. "We will not be commenting further". Nigel Evans, a fellow Tory MP, said it was a "personal tragedy" and wished them both well.


Tesla Inc. (TSLA) shares dropped down to their lowest point in almost six months today amid a lawsuit made by a short-seller who is suing the vehicle company over claims that they lied to investors about taking TSLA private.

"It's quite hard to run companies". Musk said before smoking the joint. He also sipped on whiskey during the interview.

Today it was revealed that two top executives have left Tesla, and its plummeting stock fell even lower.

Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in Tokyo, September 8, 2014.

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Papadopoulos said to me himself, he had just come from the inauguration of the president of the United States". Trump criticized the investigation and the Justice Department on the day he was inaugurated, Breen told Moss.


The promotions follow what have been a tumultuous few weeks for Musk, an increasingly mercurial chief executive who got himself into some hot water last month with a proposal to take Tesla private.

The hiring of the accounting chief, Dave Morton, had been announced days before Musk abruptly took to Twitter last month and declared that he was planning to take Tesla private and had "funding secured". "As a result, this caused me to reconsider my future", Morton was quoted as saying in a company filing.

Musk's behaviour has raised concerns about his leadership and several Wall Street analysts have called for the company to appoint a strong deputy to prop up Tesla's operations and standing with investors. Morton, who joined Tesla on August 6, was quoted in a company filing on Friday saying he believes "strongly" in Tesla and that he had no disagreements with the company's leadership or its financial reporting. Left argued that the CEO committed stock manipulation and securities fraud ー shares immediately soared after that post, but have since fallen more than 30 percent. Morton had taken over for the company's previous account head, Eric Branderiz, who resigned on March 7 citing "personal reasons".

Tesla's board of directors is on the lookout for senior talent but is not actively searching for a chief operating officer, a person familiar with the board's thinking told Bloomberg News in August. In an email to Buzzfeed earlier this week, Musk repeated his totally unsubstantiated accusations of pedophilia against British cave diver Vernon Unsworth (Unsworth's lawyer calls Musk's comments "vile and false" and vowed to sue Musk for libel).

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And on June 17, two people were hurt in another southern town when a woman attacked them in a supermarket with a boxcutter knife. There have been several knife attacks in France over the past few months, but few have resulted in terrorist investigations.


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